Huifa Food repurchased shares amounting to 1.25% of the total share capital, with a total expenditure of 29.9206 million yuan.

MaticHoleFiller · 2026-04-04T02:46:55+00:00

Shandong Huifa Food announced the progress of its share repurchase on April 2. As of March 31, 2026, it has repurchased 3.03M shares, accounting for 1.25% of the total share capital, at a cost of 29.9206 million yuan. The repurchase plan was approved on March 20, and it is planned to repurchase shares worth between 80 million and 120 million yuan during 2026 to 2027 for employee stock ownership or equity incentives. The company reminds investors to be aware of risks.

MaticHoleFiller

2026-04-04 02:46:55

Abstract generation in progress

Shandong Huifa Food (Rights Protection) Co., Ltd. (hereinafter referred to as “Huifa Food”) disclosed an announcement on April 2 about the progress of its share repurchase. As of March 31, 2026, the company has cumulatively repurchased 3.03M shares through centralized bidding transactions, representing 1.25% of the total share capital, and has cumulatively spent RMB 29.9206 million.

Basic information on the repurchase plan

According to the announcement, Huifa Food held the 10th meeting of the fifth session of the board of directors on March 20, 2026 and approved the share repurchase plan. The plan was proposed by the board of directors. The first disclosure date was March 21, 2026. The implementation period is from March 20, 2026 to March 19, 2027. The total repurchase funds are expected to range from RMB 80 million to RMB 120 million. The repurchased shares will be used for an employee stock ownership plan or equity incentives.

Repurchase implementation progress

The announcement states that the company carried out its first repurchase on March 23, 2026. As of March 31, 2026, the company had cumulatively repurchased 29.92M shares, accounting for 1.25% of the company’s total share capital of 242.3808 million shares, which is an increase of 0.91 percentage points compared with the previously disclosed figures. The transaction price range for the repurchased shares was RMB 9.01 per share to RMB 10.43 per share. The total amount paid was RMB 29.9206 million (excluding transaction fees).

First disclosure date of the repurchase plan
2026/3/21, proposed by the board of directors
—
Repurchase implementation period
2026/3/20~2027/3/19
Expected repurchase amount
80M元~120M元
Use of repurchased shares
√ For an employee stock ownership plan or equity incentives
Cumulative shares repurchased
3.03M shares
Cumulative shares repurchased as a percentage of total share capital
1.25%
Cumulative repurchase amount
29.92M元
Actual repurchase price range
RMB 9.01/share~RMB 10.43/share

Follow-up arrangements and risk warning

Huifa Food said it will strictly follow relevant regulations such as the “Rules for Share Repurchases by Listed Companies” and the “Self-regulatory Guidance No. 7 for Listed Companies on the Shanghai Stock Exchange—Share Repurchases,” among others. Within the repurchase period, it will carry out repurchases opportunistically based on market conditions and promptly fulfill information disclosure obligations. The company also reminds broad investors to be aware of investment risks.

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